Obama Proposes New 30-Day Data Breach Notification Law

President Barack Obama previewed a new data breach notification law today in a speech to the Federal Trade Commission, which will set a 30-day deadline for notifications.
He said that this year's data breaches, including the recent hack of Sony, make the economy more vulnerable.
"Today, I’m focusing on how we can better protect American consumers from identity theft and ensure our privacy, including for our children at school," he said.
To start with, he pointed out that almost every state